The Source for Cyber Insurance News, Insights and Data
The Lunar New Year brings joy and celebration across Asia-Pacific (APAC) and increases cybersecurity vulnerabilities. Experts warn that cybercriminals target festive seasons, exploiting reduced staff presence, delayed responses, and distractions. Studies reveal that 86% of ransomware attacks in the US, UK, France, and Germany occurred during holidays or weekends, and APAC is no exception. According … Read more
A recent government-commissioned survey reveals significant public concerns about UK cybercrime and fraud (England, Scotland, and Wales). Conducted by Ipsos UK for the Home Office, the research offers insights into public perceptions, victimization experiences, and cyber security behaviors. It found that over half of participants perceive moderate personal risks, with 42% feeling vulnerable to retail … Read more
Option3, a cybersecurity private equity firm, has named Karl P. Kilb III as Chief Strategy Officer (CSO) for its ENIGMA Zero Trust platform. He brings over 30 years of experience, including 22 years at Bloomberg LP, where he established its global legal department and led enterprise sales. Kilb emphasized ENIGMA’s role in tackling critical cybersecurity … Read more
THREE Business Insurance has released insights on affordable financial protection and bar insurance coverage options. One they highlight is the growing importance of cyber insurance. Many bar owners mistakenly believe they must be bigger to attract cybercriminals. Still, recent incidents show that no business is immune. In a recent example, Bret Csencsitz, owner of the … Read more
You’ve seen plenty of reports on how hackers are leveraging AI to commit cyber crimes while insurers are using the technology to improve underwriting and customer service. Now experts report risks from AI are prompting stand-alone cyber insurance policies covering losses by users of the evolving technology, a market Deloitte predicts could grow at a … Read more